Airlines
Airbus Industrie is making a bold move to command half of the world market for large civilian aircraft by the next century. To achieve this goal, the company is focusing on making planes that are cheaper to buy and operate than Boeing's. While Airbus has made significant strides,
Airlines
The new Canada-U.S. Open Skies agreement is expected to bring numerous benefits to Canadians and the travel industry, say travel industry executives. The agreement will increase competition between airlines, leading to better schedules, more flexibility, and lower fares, according to Pam Arway, vice-president and general manager of American Express
Airlines
The Export Development Corp. (EDC), Canada's export banker, is expanding its services to include aircraft leasing through a joint venture with Bombardier Inc. to promote sales of the Canadair Regional Jet (CRJ). This marks EDC's first foray into equity financing, with CRJ Capital Corp. serving as
Airlines
A recent poll by Frequent Flyer magazine has revealed the habits of frequent travelers, showcasing a significant reliance on technology during business trips. According to the survey, a staggering 95% of frequent fliers travel with a portable computer. Among those, 46.6% carry laptops, 39.7% notebook computers, and 6.
Airlines
Air Canada chief executive Hollis Harris's base salary and bonus for 1994 were significantly higher than those of 1993, despite the airline having cut employee salaries by an average of 5% since 1993. Harris's total pay increased by over 40% from $504,167 in salary and
Airlines
Senior executives at several Canadian companies received substantial compensation packages in 1994, with total salaries, bonuses, and other forms of compensation ranging from $472,739 to $1,149,220. The highest paid executive was Hollis Harris, chairman, president, and CEO of Air Canada, who earned a total of $1,149,
Airlines
The Federal Opposition has cautioned the Government to ensure transparency in the $20 million advertising contract for Qantas, following allegations of favoritism towards Clemenger, the agency with close ties to the Liberal Party. The contract, to promote the airline's privatisation, has been awarded to the best creative bidder,
Airlines
As Victoria's 210 councils merged to produce 78, nearly 160,000 ratepayers will have their first taste of local democracy in the post-amalgamation period through the upcoming municipal elections in the City of Greater Geelong and Surf Coast Shire. The City of Greater Geelong, previously under the control
Airlines
Australian international airline Qantas has made a significant profit in the six months to December 31, 1994, with a $96.5 million profit after tax and interest representing a 79.5% increase over the corresponding period the previous year. This achievement is attributed to the airline's sharpened commercial
Airlines
British Airways's chairman, Sir Colin Marshall, expressed optimism that the Trade Practices Commission will approve the airline's proposed joint pricing deal with Qantas on the kangaroo route between Australia and the UK. The TPC had initially recommended against the proposal in November, citing anti-competitive concerns, but
Airlines
Thrifty Car Rental, a global car rental company, has joined the TWA Frequent Flight Bonus program, allowing customers to earn frequent-flyer miles for renting cars from Thrifty. To celebrate the partnership, TWA will offer double miles to its frequent flyers who rent from Thrifty between April 1 and May 31,
Airlines
Southwest Airlines is making a significant expansion of its operations in Nashville, adding nine new roundtrip flights to its existing service. Beginning this summer, the airline will offer nonstop flights to Baltimore, Kansas City, and New Orleans, in addition to Houston. This expansion is made possible by the arrival of
